- Zambia declared a national fuel supply emergency and introduced a three-month tax relief package.
- From 1 April to 30 June 2026, VAT on petrol and diesel is zero-rated and excise duty is suspended.
- The measures aim to stabilize fuel prices and cushion households and businesses from rising costs due to global oil supply disruptions and Middle East conflict.
- Without these interventions, fuel prices in April 2026 would have been much higher.
- The government is monitoring the situation and may take further action if needed.
Source: regfollower.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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